Determine outstanding checks. (Hint: You need to correct disbursements for the check error.)

Outstanding checks

$enter outstanding checks in dollars

SHOW LIST OF ACCOUNTS

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Prepare a bank reconciliation at August 31. (List items that increase balance as per bank & books first.)

METLOCK, INC. Bank Reconciliation choose the accounting period For the Month Ended August 31, 2022For the Year Ended August 31, 2022August 31, 2022
select an opening name for section one Deposits in transitOutstanding checksInterest earnedAdjusted cash balance per bankSafety deposit box rentError in recording checkService chargeCash balance per bank statement					$enter a dollar amount
select between addition and deduction AddLess :	select a reconciling item Cash balance per bank statementOutstanding checksError in recording checkAdjusted cash balance per bankService chargeDeposits in transitInterest earnedSafety deposit box rent				enter a dollar amount
					enter a subtotal of the two previous amounts
select between addition and deduction AddLess :	select a reconciling item Safety deposit box rentOutstanding checksError in recording checkInterest earnedService chargeCash balance per bank statementAdjusted cash balance per bankDeposits in transit				enter a dollar amount
select a closing name for section one Deposits in transitSafety deposit box rentAdjusted cash balance per bankInterest earnedError in recording checkCash balance per bank statementService chargeOutstanding checks					$enter a total amount for the first section
select an opening name for section two Interest earnedCash balance per booksSafety deposit box rentService chargeError in recording checkAdjusted cash balance per booksDeposits in transitOutstanding checks					$enter a dollar amount
select between addition and deduction AddLess :	select a reconciling item Interest earnedSafety deposit box rentCash balance per booksAdjusted cash balance per booksService chargeDeposits in transitOutstanding checksError in recording check				enter a dollar amount
					enter a subtotal of the two previous amounts
select between addition and deduction AddLess :
	select a reconciling item Adjusted cash balance per booksDeposits in transitService chargeSafety deposit box rentCash balance per booksOutstanding checksInterest earnedError in recording check		$enter a dollar amount
	select a reconciling item Interest earnedAdjusted cash balance per booksError in recording checkOutstanding checksDeposits in transitService chargeSafety deposit box rentCash balance per books		enter a dollar amount
	select a reconciling item Adjusted cash balance per booksInterest earnedError in recording checkDeposits in transitOutstanding checksService chargeSafety deposit box rentCash balance per books		enter a dollar amount
					enter a subtotal of the three previous amounts
select a closing name for section two Deposits in transitSafety deposit box rentCash balance per booksService chargeAdjusted cash balance per booksOutstanding checksInterest earnedError in recording check					$enter a total amount for the second section

The following information pertains to Sheridan Company.

1.		Cash balance per books, August 31, $7,374.
2.		Cash balance per bank, August 31, $7,338.
3.		Outstanding checks, August 31, $694.
4.		August bank service charge not recorded by the depositor $46.
5.		Deposits in transit, August 31, $3,010.

In addition, $2,326 collected for Sheridan Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Sheridan Company